From Bilateral Arbitral Tribunals and Investment Courts to a Multilateral Investment Court

Focusing on the establishment of a Multilateral Investment Court (MIC), this feasibility study explores its potential framework and significance in international investment protection. Originating from discussions by the EU Commission in 2016 and further developed by UNCITRAL, the study aims to enhance dialogue on a specialized court. Key principles include adherence to the rule of law, cost-effectiveness, transparency, consistency in case law, and the enforceability of decisions, positioning the MIC as a pivotal advancement in investment dispute resolution.